8, HEALEY CLOSE, LOWESTOFT, NR32 4WZ - £295,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 HEALEY CLOSE is a large detached house of 112m², built sometime between 2003 and 2006, which could now be worth an estimated £346,359. It was last sold for £295,000 in January 2020, which was around 17% below the average January 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2011, where the current energy rating was C, and the potential energy rating was C.

8 HEALEY CLOSE Sold Prices

Land registry data shows six sales for 8 HEALEY CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the six 8 HEALEY CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 24 JAN	£295,000	£355,027	17% below HPI
2014 7 NOV	£220,000	£286,784	23% below HPI
2006 27 JUL	£206,000	£231,656	11% below HPI
2006 24 MAR	£205,000	£222,592	8% below HPI
2004 5 JUL	£188,750	£219,676	14% below HPI
2001 31 AUG	£118,000	£134,788	12% below HPI

8 HEALEY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The six 8 HEALEY CLOSE sales between August 2001 and January 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2014 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the January 2020 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 8 HEALEY CLOSE be worth now?

8 HEALEY CLOSE might now be worth an estimated £346,359.

This is based on house price inflation of 17.4%, between January 2020 and June 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.4% inflationary increase is applied to the most recent sale price for 8 HEALEY CLOSE of £295,000 on 24th January 2020. For the value to have increased from £295,000 to £346,359 over the four years and seven months to June 2025, the following assumptions must hold true:

• The value of 8 HEALEY CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The January 2020 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 8 HEALEY CLOSE has not materially changed since January 2020.

How Large is 8 HEALEY CLOSE?

8 HEALEY CLOSE is 112m² according to the EPC inspection conducted in April 2011. This puts it in the largest 40% of detached houses houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lowestoft, and where 8 HEALEY CLOSE lies on this distribution: 67% of detached houses houses are smaller than 8 HEALEY CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

8 HEALEY CLOSE: Plot and Title Map

8 HEALEY CLOSE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 8 HEALEY CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 8 HEALEY CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 8 HEALEY CLOSE?

8 HEALEY CLOSE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 8 on HEALEY CLOSE.